Although the Shibarium had to be halted due to teething problems, the Shiba Inu team says that the blockchain is now ready. Everlodge has just sold out of the beta phase of its presale. They are working on the roadmap to create a platform that will allow people to fractionally invest in vacation rental properties.
Join the Everlodge presale and win a luxury holiday to the Maldives
The Shibarium is now in “ready state” according to devs
Shiba Inu fans are waiting with excitement as the Shibarium is gearing up for its much-anticipated public (re)launch of the layer-2 version.
Recent upgrades by the Shiba Inu developer team include safety measures and a monitoring system. These additions are aimed at averting potential disruptions arising from sudden spikes in traffic, like what happened in the initial launch of the Shibarium. This led to a temporary transaction halt, with over $2.5 million bridged assets stuck, which impacted Shiba Inu token prices.
The Shibarium community, fondly referred to as Shib Army, have been active on platforms like Twitter with eager excitement. The team says the network is in a “ready state”, after extensive testing and fine-tuning.
In a fresh update, lead Shiba Inu developer Shytoshi Kusama revealed plans for the “ShibPaper.”
This comprehensive document outlines Shiba Inu’s vision of becoming a “decentralized digital nation-state.” It envisions a state guided by foundational scripts and laws, fostering values of loyalty, unity, and service among its citizens, called “Shibizens.”
Though the network initially faced challenges, it’s now “enhanced and optimized,” with plans to reopen soon. Despite the rocky start, Kusama believes protocols and projects built on Shibarium will ultimately thrive.
Given the many fans of Shiba Inu, the Shibarium could be just the beginning of a much larger journey.
Everlodge aims to democratize access to high-value assets
Everlodge is a new project set to pioneer the concept of fractional ownership in the realm of luxury real estate via NFTs. Essentially creating a way for people to easily invest in opulent hotels, villas, and vacation rentals.
With the imminent rise of real-world asset tokenization, a trend endorsed by key figures such as Larry Fink from BlackRock, Everlodge will empower individuals to acquire ownership in vacation properties, with investments starting as low as $250. Transactions will be executed anonymously using crypto.
The core mechanism of Everlodge involves buying and then converting luxury assets into NFTs, thereby recording legal ownership on the blockchain. These properties will be divided into smaller fragments, ensuring a wider range of access for potential investors.
Users will benefit from property value appreciation and rental income. ELDG token holders will gain rights to stay in vacation properties. Additionally, Everlodge plans to offer perks such as rewards programs, discounts, complimentary stays, and property raffles to those who hold the ELDG token.
By using blockchain tech and an experienced team, Everlodge aims to eliminate hidden charges, cumbersome paperwork, and credit assessments for investors. The platform will make it convenient for anyone, regardless of their location, to participate.
It seems that Everlodge is on track to democratize access to top-tier real estate investments that were once the domain of institutions. This democratization will empower individuals across the globe to utilize high-value assets as digital stores of value and sources of passive income.
Given that ELDG has just exited the beta phase of its presale, the token price is still low at $0.012, with a mere 9 million FDV marketcap at time of writing. This presents an opportunity to get into the project early.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Source: https://www.analyticsinsight.net/shiba-inu-and-everlodge-a-tale-of-two-crypto-titans-set-to-explode/